You Can Buy “Coronavirus-Free” House For Just £1 In Italy

You Can Buy “Coronavirus-Free” House For Just £1 In Italy

13/06/2020 1 By M Zaman

Among British holiday-makers, Italy is a most popular holiday destination. You can buy “Coronavirus-Free” house for just £1 to stay in Italy.

Cinquefrondi, located in the southern region of Calabria, is just 15 minutes away from the beach declares as a “Covid-free village”. There are houses available that need renovating.

An enthusiastic innovator can buy a house from just €1 or as little as £1 worth of value.

Cinquefrondi, Mayor Michele Conia told CNN, “Finding new owners for the many abandoned houses we have is a key part of the Operation Beauty [mission] that I have launched to recover degraded, lost parts of town,”

Read Also:  Coronavirus Will Cost Tourism Industry Nearly $3 Trillion

Cinquefrondi is closest to the Aspromonte National Park. But, the town needs a renovation to get a modern look.

Mayor Michele Conia added, “We rise between the refreshing hills and two warm seas, a pristine river runs nearby and the beaches are just 15 minutes away by car. But a whole district of my town lies abandoned, with empty houses that are also unstable and risky.”

Cinquefrondi has no Coronavirus related cases and it is located in a region, safe place to live in Italy.

However, prospective buyers will have to pay €1 (90p) for the property and a further €250 (£224) insurance policy annually until the property is renovated.

Read Also:  Summer 2020 Tickets Are On Sale For Turkey With BA

There will be a time-frame of three years. If a buyers can’t finish their task for renovation within this period, will face a fine of €20,000 (£18,000).

Mayor also added, “We’re just asking for some kind of certainty once a new buyer commits to the project. The policy fee is very low and the cost of a restyle here is within €10,000 to €20,000, given the dwellings are cozy [and] tiny.”

However, you can express your interest from here.

For British holiday makers Italy is a popular holiday destination. In 2019, Rome named as the most valuable holiday destination in Europe.

Get Free Email Updates!

Signup now and receive an email once I publish new content.

I will never give away, trade or sell your email address. You can unsubscribe at any time.